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Harlem Avenue Retail Opportunity
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4514 N Harlem Avenue, Norridge, IL 60706

14,558 SF junior box on heavily trafficked Harlem Avenue.

Property Size14,558 SF
Days on Market145

Property Features for 4514 N Harlem Avenue

General Information

Standard status Active
Size 14,558 SF
Property subtype Junior Box Space
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 5:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This 14,558 square foot retail space offers a rare junior box opportunity situated on the heavily trafficked Harlem Avenue corridor. The property features a barrel truss roof with minimal column interference. It is surrounded by established retail businesses, including The HIP, which generates approximately $400 million in annual sales. Ample surface parking is available, with full access onto North Harlem Avenue, which sees a traffic volume of 28,900 vehicles per day. The property also presents a double pylon sign opportunity on Harlem Avenue.

Key Highlights

  • High‑traffic location on Harlem Avenue (28,900 VPD)
  • Rare junior box availability (14,558 SF)
  • Surrounded by strong retail synergies, including The HIP (~$400M in annual sales)

Property Analytics

Current Use

Smoke-Stock & Chimney Cleaning ... Hardware & Home Improvement JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Building Supply Restaurant Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,117
Businesses Nearby
332k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Apparel 30% Groceries 23% Shops & Services 4%
Burlington Apparel
64,031 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
53,622 visits/mo 0.3 miles
Portillo's Dining
49,145 visits/mo 0.4 miles
Mariano's Groceries
44,132 visits/mo 0.3 miles
Aldi Groceries
30,681 visits/mo 0.2 miles

Demographics for 60706, IL

24,327
Population
9,720
Households
2.5
Avg Household Size
45
Median Age
30%
College-Educated
87%
High-School Grad
3.1 sq mi
ZIP Area
7,847
Density / Sq Mi
$85,000
Median Household Income
$48,602
Median Earnings
$1,242
Median Rent
$347,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 14,558 SF junior box on heavily trafficked Harlem Avenue.
Where is this retail space located?
The property is located at 4514 N Harlem Avenue Norridge, IL.
What are key features of this property?
This property features: High‑traffic location on Harlem Avenue (28,900 VPD); Rare junior box availability (14,558 SF); Surrounded by strong retail synergies, including The HIP (~$400M in annual sales)
More about this property
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